There are so many STRs that there is no longer any housing left for workers in the tourism industry (maids, servers, bar tenders, front desk staff, etc). 

Tourism is booming in the Dominican Republic and some ares grow even more than the average.

I’m a father of one and a boat Captain by trade, with a background in marketing, project management, event production and tourism.

Like Chatt has a huge outdoor scene, so we have insane eco tourism, we also have the fastest internet in the country so that brings tech folks to us, and we have an influx of manufacturing in the last decade and some change.

They can make money for you...or not.Mike (MikeOH) wrote:If your cash outflow is greater than your inflow, then you have a NEGATIVE CASH FLOW___________________________________________________This summon everything and as long as you keep it in mind and make sure that you inbound cash is greater then the outbound even by a one cent, nothing else matter.

Factors such as the overall health of the economy and tourism industry, as well as local regulations and zoning laws, can all impact the supply and demand for short-term rentals.As for long-term rentals, it depends on location, It is likely to be less affected by the ups and downs of the tourism market, and can provide a more stable income stream for investors.

This could be becuase of the mix of the service vs. other job types in that geo (E.G. think Las Vegas or Orlando - heavily weighted to service/tourism jobs).Dan

REI can be risky, so adding additional revenue generators into the project can lessen the risk.I'm working on a project in Costa Rica that has investor opportunities in Real Estate (vacation homes etc) Some of the development includes an Event Center with revenue streams from GROUP Travel, Tourism and Events, such as Golf Clinics, Yoga Retreats, Business Education and Corporate Team Building etc.

Originally, I was looking to do only LTR (I have 24 units) and have now decided to join forces with two incredible women who are looking to start at STR property management business in our vacation tourism hotspot of a town.

Ask the question and ensure what you are doing is in bounds, if not correct it, seems like a honest mistake, but you have to clean it up.